OverviewSuggest Edit
Plaid is a financial technology company. It develops a digital platform that enables applications to connect with users’ bank accounts. The company builds the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers, as well as provides access to financial data and analytics products.
| Type | Private | |
| Founded | 2013 | |
| HQ | San Francisco, CA, US | Map |
| Website | plaid.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Key People/Management at Plaid
Zach Perret
Co-Founder, CEO
Eric Sager
COO
William Hockey
Co-Founder, CTO
Plaid Office Locations
Plaid has offices in San Francisco, Salt Lake City, New York, Washington and in 2 other locations
San Francisco, CA, US (HQ)
PO Box 7775 #35278
Salt Lake City, UT, US
Salt Lake City
Amsterdam, NL
Muiderstraat 1
London, GB
New Penderel House , 4th Floor 283 - 288 High Holborn
Plaid Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Plaid total Funding | $730.1 m |
Time since last funding | a month ago |
Plaid investors | Kleiner Perkins, Index Ventures, New Enterprise Associates, Andreessen Horowitz, Spark Capital, Thrive Capital, Google Ventures, Homebrew, Visa, Ribbit Capital, MasterCard, Altimeter Capital, Goldman Sachs Investment Partners, Felicis Ventures, Silver Lake, Homebrew Capital, Amex Ventures, J.P. Morgan Private Capital Growth Equity Partners |
Plaid's latest valuation is reported to be $13.5 b.
Plaid Revenue
Plaid's revenue was reported to be $170 m in Y, 2020 which is a 13.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Y, 2020) | 170.0m |
Revenue growth (Y, 2019 - Y, 2020), % | 13.3% |
Market valuation | 13.5b |
- Source: Finextra April 2021
| USD | Y, 2019 |
|---|---|
Revenue/Employee | 455.5k |
Plaid Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Flannel | June 15, 2021 | |
| Quovo | January 08, 2019 | $200 m |
| Plaid, B.V. | ||
| Plaid Financial Ltd |
Plaid Cybersecurity Score
Plaid Online and Social Media Presence
23.33k Twitter followers
Plaid has 23.33k Twitter Followers. The number of followers has increased 2% month over month and increased 6.8% quarter over quarter
Plaid's Trends
Twitter Engagement Stats for @Plaid
1.4k
Tweets
174
Following
23.3k
Followers
20
Tweets last 30 days
10.9
Avg. likes per Tweet
50%
Tweets with engagement
Plaid Company Culture
Overall Culture
C+
76/100
CEO Rating
A+
90/100
Compensation
D+
60/100
Plaid News and Updates
August 31, 2021
Astra Announces Partnership with Plaid to Enable Fintechs to Embed Automated Bank Transfers
SAN FRANCISCO--(BUSINESS WIRE)--Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced a formal partnership with Plaid, a data network powering the digital financial ecosystem, to offer an integrated solution for developers to easily enable programmatic mon…
August 17, 2021
Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex
The fresh capital builds on Plaid’s $425 million Series D in April that upped the company’s valuation to $13.4 billion. That funding was led by Altimeter Capital, Silver Lake and Ribbit Capital, PYMNTS reported at the time
August 09, 2021
Plaid settles $58 million class action lawsuit
Plaid has settled a $58 million class action lawsuit over claims that the fintech firm passed on personal banking data to third party firms without user consent
July 27, 2021
NYMBUS Introduces Plaid Partnership
NYMBUS®, a leading provider of banking technology solutions, today announced a partnership with Plaid, a data network powering the digital financial ecosystem, to more instantly authenticate and fund customer bank accounts for financial institutions. With this integration, Nymbus bank and credit uni…
July 01, 2021
Plaid is hiring like crazy and investing big in a new portal giving consumers control of their financial data
The startup is launching Plaid Portal, a data control center for consumers. Users get a view of all the Plaid-powered data connections between apps and banks. They can see what kind of data apps are accessing, and turn those links on and off
June 09, 2021
Plaid Launches Capital One Open Finance Partnership
Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital One API.
Plaid Blogs
December 01, 2020
Newsletter - December 2020
In this month’s newsletter, read about our latest product enhancements, upcoming events, and more.
Product highlights
Rolling out the all-new Plaid Link: On November 2, we began rolling out our latest version of Plaid Link. If you use the iOS SDK or React Native SDK on iOS, please ensure
November 24, 2020
Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks
A recent study by Capital One and the Decision Lab found that 77% of Americans experience anxiety due to their financial situation—an issue intensified by this year's pandemic and subsequent economic downturn. Consumers are increasingly turning to fintech to manage and improve their finances, which …
November 19, 2020
Plaid’s strategy to facilitate an API-based ecosystem
Reliable, secure access to consumer-permissioned data is the heartbeat of fintech. It’s what allows fintech services to help consumers save money, save time and reduce their financial stress. As a network that provides the financial account connections between consumers and fintech apps, we are cons…
November 19, 2020
How we Built Developer Efficiency at Plaid
For the longest time, Plaid was a company with just a few engineers primarily focusing on the product and execution. Everyone was working on the product to create as much of a direct customer impact as possible. As we grew to hundreds of engineers: teams depend on each other to
November 18, 2020
Plaid People: Nicole Butler
Nicole Butler joined our London office as the third UK/EU team member. Today the office is made up of nineteen Plaids (and counting!). In our latest Plaid People interview, Nicole discusses how an informal brainstorming session led her to Plaid and her approach to navigating the complex fintech regu…
November 12, 2020
Payroll data: The next frontier for fintech and open finance
Access to payroll data can unlock new applications and improve consumers’ financial lives. Learn more in our white paper.
Plaid Frequently Asked Questions
When was Plaid founded?
Plaid was founded in 2013.
Who are Plaid key executives?
Plaid's key executives are Zach Perret, Eric Sager and William Hockey.
How many employees does Plaid have?
Plaid has 872 employees.
What is Plaid revenue?
Latest Plaid annual revenue is $170 m.
What is Plaid revenue per employee?
Latest Plaid revenue per employee is $195 k.
Who are Plaid competitors?
Competitors of Plaid include Akoya, Finicity and SynapseFI.
Where is Plaid headquarters?
Plaid headquarters is located at PO Box 7775 #35278, San Francisco.
Where are Plaid offices?
Plaid has offices in San Francisco, Salt Lake City, New York, Washington and in 2 other locations.
How many offices does Plaid have?
Plaid has 6 offices.
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